From Nasdaq: 2025-02-15 10:30:00

Fortinet (NASDAQ: FTNT) stock has surged 55% in the past six months, driven by strong quarterly reports. The company’s Q4 2024 results exceeded expectations, with revenue and earnings beating estimates. Despite the high valuation, analysts predict a 5% increase in earnings this year. Fortinet is a leader in the network firewall security market and is gaining traction in the unified secure access service edge (SASE) market. Analysts forecast an improvement in earnings growth, with potential for a 39% stock price increase by 2027. Investors may consider buying this cybersecurity stock for long-term growth potential.

In a rare opportunity, analysts are issuing “Double Down” alerts for companies with high growth potential. Previous recommendations like Nvidia, Apple, and Netflix have seen significant returns. Investors can learn more about these opportunities and potentially capitalize on lucrative investments.



Read more at Nasdaq: Is Fortinet Stock a Buy Now?